2023 (3) TMI 724 - HC - Income Tax

Reopening of assessment u/s 147 - seeking to reopen the income tax assessment of the petitioner for the assessment year 2013-14 on the ground that the notice and order are bad in law and without jurisdiction - HELD THAT:- Since the issue is covered by the decision of this Court in case of Keenara Industries Private Limited [2023 (3) TMI 104 - GUJARAT HIGH COURT] issue Urgent Notice to be made returnable forthwith.

We have requested learned senior standing counsel, Mrs.Kalpana Raval assisted by the learned advocate, Mr.Karan Sanghani to appear for the respondent. Focusing on the issue of the limitation, as the assessment year here is 2013-14, without giving the separate reasoning those given in case of Keenara Industries Private Limited (supra) this petition deserves to be allowed.

This petition is allowed. Notice under section 148 and impugned order under section 148A(d) dated 27.07.2022 are quashed and set aside.